' Update Sunday 4th Jan 2015 Consortium '

Bloody great.
Stuck with Tan for another two years then!
The good news just never f*cking stops does it?

Took it all with a pinch of salt although I was starting to get hopeful it could possibly happen. In reality nobody knows the nitty gritty, what will happen or could happen. It's all guesswork, even down to Tan. Waste of time and false hopes raised

Club isn't worth more than 50m at the moment and Tan won't take a big loss.

Best chance of a sale is promotion.

Not much hope of that without the fans getting behind the team.

The club is self destructing with the owner unprepared to do the right thing and supporters taking actions which damage the club's viability and sale ability

Let's be honest,we ain't going to get promoted,tan ain't putting anymore money in so,it's back to bargain basement buys,and if we are lucky a mid table finish

What a waste of my time it was reading about a take over that was never ever gonna happen. And with Sam at the helm thank god it didn't. This is the guy that tried to run the club out of business yeah? Why do people think he has the club interests at heart?

Also why would anyone with serious. Money want to buy out a club with a bunch of ungrateful fans like us, that will sulk and cry after they spent 100 mill plus and actually want to do they own thing with the club as they see best for they investment?
Never happen with so many haters in the fan base who needs the hassle.

So it's like some slimy property developer offering £50,000 for a house for sale when it's on the market for £150,000 ????

Where's the story ??? The house owner says feck off idiot and waits for someone that can afford it ????

That's business and applies to any business.

The issue here is that there is not enough capital for this to go any further.

I understand, but it's rediculoisly low, I fancy a new 5 series, I'll take Sam down with me to see if he can get me one for £5k.........

In all honesty the club is not worth more than £40m.

Some say the parachute payments are worth that alone but I find that difficult to believe as that money is not in the bank account at the moment. What's to say the FA will stop these payments for one reason or another?

Some say the stadium is worth more than that. I disagree as the stadium is like a listed building for sport and entertainment. It cannot be knocked down to build homes or similar scenarios. It has a limited use so therefore makes its value in a real market pretty low.

Our current status is Championship. We are heading for league one. That will reduce our value. This and all the above is what is being stated to Tan. Tan laughs but really is crying inside as he has blown too much on the project Cardiff City and his only avenue out with out a loss is to see the parachute payments through.

Tan would jump at the chance of someone paying what he has put in. However he is a business man and he knows too well no other serious business man is going to offer what he needs to save face. I would imagine there are going to be some insulting offers placed in front of him and he is going to get pissed off. That is why he laughs because in reality he is pissed off.

Spot on mate.
Tan needs to be careful, we're an unattractive buy currently and I can't see that changing anytime soon

the fact is tan doesn't need or want to sell and doesn't have to unless he's happy with the price he's getting ,the take over is a non starter

Never say never Wez but it is looking highly unlikely. That being because Tan will not be seen making a loss.

he doesn't have to sell now he can sit on the club for years cut costs and still make a profit

Can't see that Wez, how do you work that out?

we are in profit this season hes not putting any monthly money in anymore as we are in profit ,he's cutting cost ready for next season ,wage bill staff etc if he doesn't invest any more money ,with the sky championship tv money and parachute payments we will be in profit or at least around our break eve figure he doesn't have to go anywhere

See your point although the profit will go to pay off his debts. Basically the profit is coming from the parachute payments. That will only last for 2 more seasons though. After that I cant see a profit being made specially if the fans boycott, now there is a thought.

First of all thank you to a good Friend who I discussed this with in depth before putting this out. Cardiff City are dear to my heart and I was starting to feel it was wrong for me to be putting these out and it was getting to me. Others before me who had put out exclusives or updates did so in a completely different way, they were much more careful with making sure the contents were correct and would happen. Me well I'm just sodding reckless, if I hear I will try and verify them but basically they are high risk and can change at any time as I put them out as its happening. And I was thinking am I doing the right thing ? So cheers Chief you know who you are.

Now yesterday I put out the exclusive regarding a potential buy out and said the info had only just come to me and I felt that things would change, things would need tweaking as more or different information came in, and this has proved to be the case.
Information I got is spot on but when it comes to figures then it will always be contentious. The information recieved was from one side, now I recieved information from a big source on the other side, it does contradict a bit what the update I put out yesterday but it also confirms what is happening.

So again late last night I recieved info from Malaysia on what has been happening from there perspective.
Vincent Tan has laughed at the. Contact from the so called " consortium" packaged together by Sam Hammam. My information recieved informed me from Malaysia directly that Tan actually chuckled after first contact was made by a third party. The amount offered was a one off cash payment of 42 million up front with a note that the consortium felt it was a fair price for a mid championship club going nowhere but further down the league. The note also contained the price will drop by each less league position . It's believed whilst Sam Hammam had held several meetings only a small percentage were interested. Vincent Tan scoffed at the offer as ludicrous and has told staff not to allow further nonsense parties to contact him.
Tan felt this consortium was out to try and destabilise the current owners.

Now with information that I have including and some I can't put out, this is MY thoughts on reading between the lines on what has happened, so please these are only my personal thoughts on wha has happened so don't shoot me.

Sullivan the Brother of business Man Dave of West Ham is an ardent Cardiff City Fan and he contacted Sam to get together a consortium to buy out Vincent Tan. Sam then spoke to several potential investors as I put out but I think he was unsuccessful in these approaches. (Be honest now if you wasn't a fan off CCFC would you buy in to this Club that has become a global joke ?)
But now was left with money raised by Mr Sullivan and it dosent need spelling out where the money came from. But it is nowhere near the amount that is required to persuade Tan to sell up, and I feel they don't have any more access to anymore funds I believe to be around 50 mill. But the big question is what is the figure that Tan would sit up and listen ? That I don't think anyone can answer apart from Tan. So we are hearing two different amounts being banded about 100 mill from one and a 45 mill offer put up from another but being told 50 mill is all they have.
But there was two consortiums and was also told the first one is dead in the water as the main player has now different agendas to put together. So Sam and Sullivan is the only one and unless more funding can be made available this will just stumble again

So this is what you and Annis have been wanking yourselves silly over.

Do yourself a favour, keep your garbage information to yourself in future.

Why do people feel so special to be ITK

I will maintain

There is a Consortium being put together and meetings have been held in London

Nukes your my friend but stop talking to Daya Please,he's on a wind up

I will maintain

There is a Consortium being put together and meetings have been held in London

Nukes your my friend but stop talking to Daya Please,he's on a wind up

Not denying there isn't a consortium Annis there is. Well Sullivan and Sam But as it stands the funds are not there unless they can secure a backer. But never say never. And you are right it's just the funding is what differs from us. And Daya isn't the source of this info mate.

Last edited by Nuclearblue on Sun Jan 04, 2015 1:20 pm, edited 1 time in total.

I take it all with a pinch of salt.

Annis and yes all you said is correct. But has he got a backer ? Apart from Clive Sullivan ? The only thing that I have said different is what I have heard on the Malaysian side on how much they have offered.But the big question is how much will they need to Tan to sit and listen ?

I will maintain

There is a Consortium being put together and meetings have been held in London

Nukes your my friend but stop talking to Daya Please,he's on a wind up

Not denying there isn't a consortium Annis there is. Well Sullivan and Sam But as it stands the funds are not there unless they can secure a backer. But never say never. And you are right it's just the funding is what differs from us. And Daya isn't the source of this info mate.

Stop making yourself look daft

I will maintain

There is a Consortium being put together and meetings have been held in London

Nukes your my friend but stop talking to Daya Please,he's on a wind up

Not denying there isn't a consortium Annis there is. Well Sullivan and Sam But as it stands the funds are not there unless they can secure a backer. But never say never. And you are right it's just the funding is what differs from us. And Daya isn't the source of this info mate.

Stop making yourself look daft

Hmmm OK so elaborate then

I will maintain

There is a Consortium being put together and meetings have been held in London

Nukes your my friend but stop talking to Daya Please,he's on a wind up

Not denying there isn't a consortium Annis there is. Well Sullivan and Sam But as it stands the funds are not there unless they can secure a backer. But never say never. And you are right it's just the funding is what differs from us. And Daya isn't the source of this info mate.

Stop making yourself look daft

Hmmm OK so elaborate then

I'm not the one trying to be ITK, and if I did know anything I wouldn't be posting on here trying to become the next superfan.

Loose lips sink ships an all tha

Club isn't worth more than 50m at the moment and Tan won't take a big loss.

Best chance of a sale is promotion.

Not much hope of that without the fans getting behind the team.

The club is self destructing with the owner unprepared to do the right thing and supporters taking actions which damage the club's viability and sale ability

Tim, for me the club is worthless at this moment in time.

Club isn't worth more than 50m at the moment and Tan won't take a big loss.

Best chance of a sale is promotion.

Not much hope of that without the fans getting behind the team.

The club is self destructing with the owner unprepared to do the right thing and supporters taking actions which damage the club's viability and sale ability

Tim, for me the club is worthless at this moment in time.

The Club is in major debt and still loosing money. We are a mid table championship Club with Tan cost cutting. But Tan will sit on the parachute payments IMO.

Club isn't worth more than 50m at the moment and Tan won't take a big loss.

Best chance of a sale is promotion.

Not much hope of that without the fans getting behind the team.

The club is self destructing with the owner unprepared to do the right thing and supporters taking actions which damage the club's viability and sale ability

Tim, for me the club is worthless at this moment in time.

The Club is in major debt and still loosing money. We are a mid table championship Club with Tan cost cutting. But Tan will sit on the parachute payments IMO.

we are not lossing money now ? how are we lossing money can you explain ?

I tend to slightly disagree.

When looking to buy a business you look at potential and appeal ..ie swat analysis

Potential weekness is the rebrand and mid table of the chamoionship.

Every thing else is a ponyential strength

Certain areas of the field need to be fixed - options

The only threat is fans not turning up.


Cardiff is a club to invest in and I'm pretty sure a rich couple is looking at it.

If tan makes money he knows when to cut at a loss.

His only option is to rebrand back to blue or he suffers a big loss in the future .

Potentially one of the best clubs to buy atm

Media in its self would bring in money from a change back to blue.

Stadium would be jam packed.

I tend to slightly disagree.

When looking to buy a business you look at potential and appeal ..ie swat analysis

Potential weekness is the rebrand and mid table of the chamoionship.

Every thing else is a ponyential strength

Certain areas of the field need to be fixed - options

The only threat is fans not turning up.


Cardiff is a club to invest in and I'm pretty sure a rich couple is looking at it.

If tan makes money he knows when to cut at a loss.

His only option is to rebrand back to blue or he suffers a big loss in the future .

Potentially one of the best clubs to buy atm

Media in its self would bring in money from a change back to blue.

Stadium would be jam packed.

Club isn't worth more than 50m at the moment and Tan won't take a big loss.

Best chance of a sale is promotion.

Not much hope of that without the fans getting behind the team.

The club is self destructing with the owner unprepared to do the right thing and supporters taking actions which damage the club's viability and sale ability

I think we will end up in league 1 aswell, bit of a meltdown like wolves did. What's a club in league 1 worth? 10 mill?
Tan will lose money I reckon although what he says he has put in and the reality are quite different I think, how much did we recoup in the summer from sales for a start?

Club isn't worth more than 50m at the moment and Tan won't take a big loss.

Best chance of a sale is promotion.

Not much hope of that without the fans getting behind the team.

The club is self destructing with the owner unprepared to do the right thing and supporters taking actions which damage the club's viability and sale ability

Tim, for me the club is worthless at this moment in time.

The Club is in major debt and still loosing money. We are a mid table championship Club with Tan cost cutting. But Tan will sit on the parachute payments IMO.

we are not lossing money now ? how are we lossing money can you explain ?

Without the parachute payments the income through the gates plus merchandise etc is far less than the expenses the club is incurring. Fortunately the debts are Tan's so any interest normally paid on loans can be waived or we would be in it up to our necks.

Tan's aim will now be to reduce outgoings, he has already reduced staffing and is hell bent on getting wages down hence the appointment of Slade on £100K against Ole on £4m and shipping out the big earners. At some point normal revenue will exceed outgoings and Tan can use the parachute payments over the next two years to reduce his loans and he can then look to sell the club to pay off the remaining loans.

His interest in Cardiff understandably went when the abuse started. It would make sense to turn the club back to blue to get additional income into the club but this is now personal and he won't do that so any protests etc will not change his mind. He may actually feel the small loss of income from gates may be worth it if it as the fans disenchantment may possibly help to market the club to potential buyers.

As he has done all season, Tan will just keep his distance, make no more investment and just wait for a sensible buyer to come along however long it takes. As fans we will just have to get used to being a normal club again, hoping to get a budget manager who has an eye for promising players who can take us somewhere.

I don't get why your saying we are not worth buying when we got a great fan based and if we are changed back to blue and get our badge back! Just imagine how many blue kits and ect will sell plus we will bring back the fans and fill the stadium again and push back to the Premier League again this time stay there!

I don't get why your saying we are not worth buying when we got a great fan based and if we are changed back to blue and get our badge back! Just imagine how many blue kits and ect will sell plus we will bring back the fans and fill the stadium again and push back to the Premier League again this time stay there!

We no longer have a 'great' fan base, as has been shown by the mass abandonment after relegation last season

Many will use the rebrand as their excuse, but the stark reality is that many wanted any excuse they could find once the lure of watching their fake favourites (ManUre, Liverpool, chelski, Arseneville, etc.) had disappeared

A sad fact, but a fact regardless

Club isn't worth more than 50m at the moment and Tan won't take a big loss.

Best chance of a sale is promotion.

Not much hope of that without the fans getting behind the team.

The club is self destructing with the owner unprepared to do the right thing and supporters taking actions which damage the club's viability and sale ability

Tim, for me the club is worthless at this moment in time.

The Club is in major debt and still loosing money. We are a mid table championship Club with Tan cost cutting. But Tan will sit on the parachute payments IMO.

we are not lossing money now ? how are we lossing money can you explain ?

Without the parachute payments the income through the gates plus merchandise etc is far less than the expenses the club is incurring. Fortunately the debts are Tan's so any interest normally paid on loans can be waived or we would be in it up to our necks.

Tan's aim will now be to reduce outgoings, he has already reduced staffing and is hell bent on getting wages down hence the appointment of Slade on £100K against Ole on £4m and shipping out the big earners. At some point normal revenue will exceed outgoings and Tan can use the parachute payments over the next two years to reduce his loans and he can then look to sell the club to pay off the remaining loans.

His interest in Cardiff understandably went when the abuse started. It would make sense to turn the club back to blue to get additional income into the club but this is now personal and he won't do that so any protests etc will not change his mind. He may actually feel the small loss of income from gates may be worth it if it as the fans disenchantment may possibly help to market the club to potential buyers.

As he has done all season, Tan will just keep his distance, make no more investment and just wait for a sensible buyer to come along however long it takes. As fans we will just have to get used to being a normal club again, hoping to get a budget manager who has an eye for promising players who can take us somewhere.

Very good post and talking sense.

From this thread - the message that I have
Taken is that valuation between buyer and seller is
Widely different.

Does that mean the end or the beginning of a takeover game?

Surely, we as fans have a part to play in this. We want tan out
And a city fan in control (like the jacks).

Come on Clive if there is an example of a club multiplying their
fan base and income By 10. Just look down the road. ....


There is a viable club underneath this current despair.

From this thread - the message that I have
Taken is that valuation between buyer and seller is
Widely different.

Does that mean the end or the beginning of a takeover game?

Surely, we as fans have a part to play in this. We want tan out
And a city fan in control (like the jacks).

Come on Clive if there is an example of a club multiplying their
fan base and income By 10. Just look down the road. ....


There is a viable club underneath this current despair.

one would suspect beginning of the take over road! dont forget hasnt been any other rumours before now, so its a waiting game! unless takeover is a sham?
ps dont think it is sham!

From this thread - the message that I have
Taken is that valuation between buyer and seller is
Widely different.

Does that mean the end or the beginning of a takeover game?

Surely, we as fans have a part to play in this. We want tan out
And a city fan in control (like the jacks).

Come on Clive if there is an example of a club multiplying their
fan base and income By 10. Just look down the road. ....


There is a viable club underneath this current despair.

Look it's only recently this consortium started off. The most difficult thing is the good old pound. I suppose. Just like any bidder you test the water first. But at the moment they ain't got much money to play with. The question is can Sam and Sullivan raise the money ? And then how much does Tan want ? And would he want to sell whilst the parachute payments are coming in ? Hmmmm

Thanks nukes.


Will a 'Coins for Clive' campaign
Help?

Club isn't worth more than 50m at the moment and Tan won't take a big loss.

Best chance of a sale is promotion.

Not much hope of that without the fans getting behind the team.

The club is self destructing with the owner unprepared to do the right thing and supporters taking actions which damage the club's viability and sale ability

Tim, for me the club is worthless at this moment in time.

There's value in some of the players, parachute payments and the stadium which I reckon would be about £50m in total ( don't forget some of the parachute payments will be swallowed up in long term player contracts). It's decreasing daily and the only chance Tan has of getting his 100m back is if we go up

Club isn't worth more than 50m at the moment and Tan won't take a big loss.

Best chance of a sale is promotion.

Not much hope of that without the fans getting behind the team.

The club is self destructing with the owner unprepared to do the right thing and supporters taking actions which damage the club's viability and sale ability

Tim, for me the club is worthless at this moment in time.

There's value in some of the players, parachute payments and the stadium which I reckon would be about £50m in total ( don't forget some of the parachute payments will be swallowed up in long term player contracts). It's decreasing daily and the only chance Tan has of getting his 100m back is if we go up

Stadium is paper money as cannot be sold or used as an asset!

Club isn't worth more than 50m at the moment and Tan won't take a big loss.

Best chance of a sale is promotion.

Not much hope of that without the fans getting behind the team.

The club is self destructing with the owner unprepared to do the right thing and supporters taking actions which damage the club's viability and sale ability

Tim, for me the club is worthless at this moment in time.

There's value in some of the players, parachute payments and the stadium which I reckon would be about £50m in total ( don't forget some of the parachute payments will be swallowed up in long term player contracts). It's decreasing daily and the only chance Tan has of getting his 100m back is if we go up

Stadium is paper money as cannot be sold or used as an asset!

that's not true Allan ,the stadium is a huge asset and is fully paid full with no outstanding payment s